Archive : Business

What is marketing plan Marketing plan is the word which deals with business communication and skills.It is the compound of advertisement, promotion, buying and selling.Marketing is done with complete plan, time management and intelligence.It needs certain skills and techniques to deal with important business matters.The business policy makers have designed some crucial marketing plans.That is Read more

Conceptual Framework of Business Management Since the evolution of this world, Trade, business, Commerce, Export, Import, retailing, gambling, buying and selling had been the leading entrepreneurs in all the development of the planet. Same as the management has become a big question mark before us. Many scientists like economists, sociologists, public administration experts, public policy Read more

Every business owner should have knowledge of economics and the law of demand and supply, no matter how rudimentary it may be.In the study of economics, the law of demand and supply states that when demand of a product or commodity increases and the supply stays the same, then prices are expected to go up.In Read more

Time Management is one of the most imperative and controlling tools that a victorious man carries for eternity. Effectual time management entails endurance and realistic assessment. It’s in actuality complicated to deal with time. However once you master the clandestine it will be much simpler. Time management is in fact all about managing your activities. Read more

The term investment implies different meanings in business management, economics and finance but all are closely related to each other.While the bank interest rate to the consumers is defined as the current rate of return given on the savings. Investment decision plays key role in purchasing assets for business enterprises as they tend to maximize Read more

The autoresponder is a reliable software needed in any web based business.If you are one of the many online entrepreneurs who have recognized the many benefits in email marketing,you will surely agree that the more people you reach out,the more effective your marketing efforts will be. Moreover,when you answer emails promptly and with the right Read more

Franchising is one business alternative for any new entrepreneur.It is also a viable business strategy for an established business or company meant to generate an increased share of the market.A well-known business that has already instituted itself may decide to franchise some of its rights and business systems to a franchisee.This is done with the Read more

Though it’s recession, yet there is no sign of decline in the popularity of private jets, as most of those that can go for them are somewhat recession-proof and perhaps that’s why private jets and private jet charters are enjoying the same popularity, as they were in the past. Private jets are reckoned quite expensive Read more

Normally, it is considered that business administration and the economic theories are of different concerns but it is wrong perception.For a successful business administrator not only the business laws but the concept of economics especially the managerial economics also matteres. Whether the decision is about production and distribution, sale and purchase, goods and services, costs Read more

The term revenue means the income that a company receives from its normal business activities, usually from the sale of goods and services to the customers. Income which a company earns through dividends, interest or royalties amount paid by other companies is also called as revenue. Revenue may refer to the income earned through a Read more

Did anyone ever approach you requesting a reference letter and you had to say no, as you didn’t know what to write? If you don’t know how to write a letter, here is some help for you that may avoid you saying ‘no’ next time. Usually reference letter is written to help someone who wants Read more

Unsecured business loans could turn out to be the source of some financial support for any issue related your trade. You can easily use this money to buy raw material or upgrade machinery, pay off credit card debts, renovate your office etc. However, you must always try to get such a loan at lower costs Read more

These days most of the small businesses prefer to lease equipment instead of buying them. Banks are quite aware of this emerging trend and that’s why they have started providing small business equipment finance facilities and lease financing to small businesses. But there are some things that you must consider when leasing equipment for your Read more